Running a small plumbing, heating, ventilation or air conditioning business comes with its fair share of risks.
From accidental property damage to injuries, unexpected issues can quickly derail your operations if you’re not properly insured. That’s why having the right insurance coverage designed for tradespeople is critical.
A tradesperson insurance policy can provide protection against common risks like:
Public Liability Claims
Should you accidentally damage a client’s property while on a site, public liability insurance can cover the cost to replace, rectify or repair the damage caused - helping you avoid paying out of pocket for repairs or compensation. Most policies cover legal costs too.
Employer’s liability insurance covers compensation claims if someone working under your control is injured. This protects your business from expensive medical bills, lost income compensaion, rehabilitation costs and more. Not to mention this is also a legal requirement.
Tools and Equipment Damage or Theft
Losing or breaking key tools and equipment can bring your business to a halt. Tools insurance helps pay for replacing stolen or damaged equipment - whether the incident occurred at a site or on your premises. There are insurers which provide cover for tools and equipment on your vehicle overnight too.
If bad weather, an accidental fire, theft, malicious damage or other unforeseeable problems damage your ongoing contract works and site materials, insurance can help cover repair and rebuilding expenses, so you don’t lose money.
Other policy add-ons like business contents, stock, owned plant, hired-in plant, management liability and business legal expenses insurance are also available.
Talk to us today about tradesman’s insurance.